2176423 Ontario Ltd. Acquires 1,000,000 Shares of Freegold Ventures Limited (TSE:FVL) Stock

Freegold Ventures Limited (TSE:FVL) insider 2176423 Ontario Ltd. bought 1,000,000 shares of the company’s stock in a transaction on Thursday, June 13th. The shares were acquired at an average price of C$0.40 per share, with a total value of C$400,000.00.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Tuesday, May 21st, 2176423 Ontario Ltd. purchased 300,000 shares of Freegold Ventures stock. The stock was acquired at an average cost of C$0.42 per share, for a total transaction of C$126,000.00.

Freegold Ventures Stock Performance

Shares of FVL opened at C$0.41 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 9.99 and a quick ratio of 3.72. Freegold Ventures Limited has a 1-year low of C$0.33 and a 1-year high of C$0.57. The stock has a market cap of C$180.90 million, a price-to-earnings ratio of -40.50 and a beta of 2.36. The firm has a 50 day simple moving average of C$0.44 and a 200-day simple moving average of C$0.44.

Freegold Ventures Company Profile

Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metal properties in the United States and Canada. The company explores for gold, copper, silver, cobalt, and tungsten deposits. It holds interests in the Golden Summit property that consists of 53 patented and 107 unpatented federal claims comprises 240 State of Alaska claims that cover a total area of 5,971.6 hectares; and Shorty Creek property comprises 328 State of Alaska mining claims covering an area of 31,478 acres located in Alaska, the United States.